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Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman ordered to pay $35 million penalty after Federal Court found its 60-month interest-free ads masked mandatory credit card fees. Latitude Financial pays $20 million. Combined $55 million is ASIC’s record for misleading financial product marketing.
Trump Defends Auto Tariffs in Michigan as 50% Canada Hike Looms in August
Trump defends auto tariffs at GM plant in Michigan as US plans 50% tariff hike on Canadian goods in August. Current 25% levy on Canadian-assembled vehicles set to double.
American Airlines Boeing 787 Diverts to Dublin After Six Crew Fall Ill
American Airlines Boeing 787 diverted to Dublin after six crew members fell ill mid-flight from Rome. An unusual odor triggered the emergency landing on July 27, 2026.
New Zealand Shares Unchanged While Asian Equities Retreat on Semiconductor Stock Sell-Off
On July 28, 2026, New Zealand shares held steady while most Asian stock markets slipped during a broad semiconductor sell-off. Sharp declines in major chipmakers across Japan, South Korea, and Taiwan weakened investor sentiment and renewed concerns about technology stock valuations. Even as regional markets struggled, New Zealand remained relatively stable. So, what helped the…
Tata Power Q1 Earnings in Focus as Market Awaits FY27 First-Quarter Results
Tata Power is set to report its Q1 FY27 earnings for the quarter ended June 30, 2026. Investors are watching closely to see how the company performed and whether it remains on track with its expansion plans. The quarterly results are expected to provide updates on renewable energy growth, electricity demand, and capital spending. As…
Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance
Vanguard has increased its stake in Strategy Inc by $50 million, pushing its holding close to $1 billion. The asset manager now holds roughly 10.5 million shares of the Bitcoin treasury company. This comes despite Vanguard’s long-standing refusal to offer spot Bitcoin ETFs on its brokerage platform. The firm’s exposure stems from passive index tracking,…
ASX Shares Rise as S&P/ASX 200 Climbs 54 Points; Viva Energy (ASX: VEA) Jumps on Strong Earnings Outlook
ASX shares extended gains on Tuesday, July 28, 2026, as falling oil prices lifted investor sentiment. The S&P/ASX 200 Index climbed 0.6%, or 53.80 points, closing at 8,947.80. The All Ordinaries rose 48.20 points, or 0.53%, to 9,112.00. Viva Energy Group led company news, with H1 2026 EBITDA guidance more than doubling from a year…
Nvidia Reportedly Commits Up to $50 Billion for Massive Texas AI Data Center
On July 28, 2026, reports revealed that Nvidia is preparing to commit up to $50.2 billion to a major AI data center project in Texas. If completed, it would rank among the largest infrastructure investments in the artificial intelligence industry. The planned campus could change how AI computing capacity is deployed over the next decade….
Nikkei 225 Slides nearly 4% as Samsung and SK Hynix Lead Global Chip Stock Selloff
Nikkei 225 slid nearly 4% Tuesday, dragged lower by a global chip stock selloff. Japan’s benchmark index fell to 62,350.18, its weakest level since late May. Samsung Electronics tumbled as much as 13.4%, while SK Hynix dropped up to 14%. South Korea’s Kospi index plunged 10.5% to 6,051.19, triggering a trading suspension. Concerns over AI…